The market is dominated by domestic suppliers, as imports account for 17.3% of total market size in 2021. B2B drives market demand, with B2B spending representing 87.7% of total demand in 2021. Japan has the third largest market size for pesticides and other agro-chemical products regionally, with demand reaching USD5.5 billion in 2021. Mitsui Chemicals Inc is the largest company in Japan, generating 26.4% of the industry’s total production value in 2021. The industry is concentrated, with the top five companies generating 68.4% of total production value in 2021. The total number of companies increases in 2021, to 337 units. The costs of the industry decrease by 0.7% in 2021, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 13.5% of production value in 2021, the 12th highest regionally. With production value of USD3.9 billion, Japan accounts for 6.5% of the Asia Pacific total in 2021.
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This Euromonitor industrial report provides unique information on Pesticides and Other Agro-chemical Products in Japan: ISIC 2421. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Pesticides and Other Agro-chemical Products in Japan: ISIC 2421 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of basic chemicals, fertilisers and nitrogen compounds, man-made fibers, paints and varnishes, pesticides and other agro-chemical products, photochemicals, explosives and other chemicals, plastic in primary forms and synthetic rubber.See All of Our Definitions
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